NVEC
9/9 ScoreNVE Corporation
Analysis Date: February 2, 2026
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 23.5%
High ROIC
Return on Invested Capital > 9%
Value: 21.3%
Cash Machine
FCF / Assets > 5%
Value: 20.3%
Fair Valuation
Earnings Yield > 3.5%
Value: 4.4%
Share Buybacks
Share Count is Dropping
Value: 0.0%
Defensible Moat
Gross Profit Margin > 40%
Value: 79.2%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Technology
Conservative Debt
Debt to Equity < 1.5
Value: 0.03x
Consistent Growth
5-Year Growth is Positive
Value: 3.9%
Analysis Summary
This looks like a company with a very strong economic engine and a durable moat, as evidenced by the high ROE and ROIC, along with a solid moat score. The debt levels are practically non-existent, which is always comforting, and the valuation is quite reasonable. It's rare to see a business tick so many boxes so cleanly – this is certainly worth a closer look.
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